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Here's How Much Investing $100 In Salesforce Stock Back In 2010 Would Be Worth Today
Wednesday, February 26, 2020 - 8:07am | 455Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Salesforce’s Big Decade One of the...
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The Street Loves Still Loves Salesforce
Friday, August 23, 2019 - 12:26pm | 738Salesforce.com, inc.'s (NYSE: CRM) second-quarter results came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance. Shares of Salesforce moved higher Friday and multiple analysts...
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The Street Remains Bullish On Salesforce Despite Concerning Guidance
Tuesday, March 5, 2019 - 1:15pm | 866Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...
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Salesforce's M&A Earns Cloud Company A Spot On Wedbush's 'Best Ideas List'
Monday, January 7, 2019 - 3:05pm | 375The cloud platform salesforce.com, inc. (NYSE: CRM) bought MuleSoft in 2018 for $6.5 billion, and the deal is a primary reason why Wedbush has named the stock as one of its best ideas. The Analyst Wedbush's Steve Koenig maintains an Outperform rating on Salesforce with an...
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Morgan Stanley Still Likes Salesforce
Thursday, August 30, 2018 - 8:39am | 362Salesforce.com, inc. (NYSE: CRM) reported Wednesday its second-quarter results, which shows the company is able to sustain an "unprecedented growth" rate but at the same time it's becoming harder for management to keep up with lofty investor expectations, according to Morgan Stanley....
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Morgan Stanley Incrementally Bullish On Salesforce, Says MuleSoft Deal Underappreciated
Tuesday, August 14, 2018 - 11:43am | 366Salesforce.com, inc. (NYSE: CRM) acquired MuleSoft in early 2018 in a $6.5-billion deal that wasn't fully appreciated by the Street, according to Morgan Stanley. The Analyst Morgan Stanley's Keith Weiss maintained an Overweight rating on salesforce with a price target lifted from...
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Morgan Stanley: What To Like In Salesforce's Q1
Wednesday, May 30, 2018 - 9:45am | 364salesforce.com, inc. (NYSE: CRM) reported first-quarter results Tuesday that show a strong start to fiscal 2019, while multiple encouraging data points beyond the headline numbers reinforce the bullish case for the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Keith...
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Bernstein's Bearish Stance On Salesforce No Longer Applies
Thursday, May 3, 2018 - 1:33pm | 375Bernstein's bearish case against salesforce.com, inc. (NYSE: CRM) no longer applies as the company "created a path" to achieve the necessary growth rate. The Analyst Bernstein's Mark Moerdler upgraded Salesforce from Underperform to Market Perform with a price target lifted...